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, OR

ZIP 97017 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97017

Median Home Value
$590,600
Median Rent
$850
Affordability Snapshot
$163,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,794/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

6.5x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

57.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 97017 in OR, a household would need roughly $163,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,794. That is about 79% above the local median household income ($91,295), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Mostly owner-occupied, low vacancy — stable housing market.

Heating Fuel
Housing Metrics
Owner Occupied
92.1%+41% vs US avg
x
Vacancy Rate
2.5%-75% vs US avg
x
Broadband Access
91.2%+5% vs US avg
x
4+ Bedrooms
5.3%-64% vs US avg
x
Built Pre-1939
6.5%-50% vs US avg
x
Built Post-2014
2.9%-58% vs US avg
x
Rent Burden >30%
47.7%-4% vs US avg
x
Mortgage-Free
47.7%+25% vs US avg
x
$590,600
Home Value
$850
Rent
1985
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached75.5%
  • 1-unit attached0.0%
  • 2-9 units0.0%
  • 10+ units0.0%
  • Mobile home & other24.5%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$590,600
Median rent$850
Owner-occupied92.1%
Vacant2.5%
Price-to-income6.5x
Est. income to buy$163,000